Altcoin outpaces Bitcoin in growth
Bitcoin has added another 3.3% in the past 24 hours to $20.8K, bringing the gain over the past seven days to 9%. Ethereum is growing at a higher rate, reaching $1570 (+5.8% in 24 hours and 21% in 7 days). Over the last day, major altcoins added between 1.5% (DOT) and 21% (DOGE). According to CoinMarketCap estimates, total cryptocurrency capitalisation surpassed the $1 trillion mark, up 3.3% on the day.
Dogecoin was again buying from Twitter's acquisition by Elon Musk, who had previously said he might add the coin to pay for the social network's services. However, the latest rise looks more like a 'buy rumour' pattern, and it can't be ruled out that the pump will soon turn into a dump.
News background
Bloomberg exchange strategist Mike McGlone is confident that the Ethereum network's successful transition to the Proof-of-Stake consensus algorithm has laid the foundation for steady growth in the second-capitalised cryptocurrency. The first US bitcoin futures ETF from ProShares lost a record $1.2bn in investor funds the year after launch. This was the worst debut result in the history of the exchange-traded fund industry. Despite this, several investors retain faith in BTC - the ProShares Bitcoin-ETF has seen net inflows of $87 million in the past six months.
According to the Wall Street Journal, the capitalisation of Andreessen Horowitz, the largest crypto venture capital fund, fell by 40% in the year's first half. The UK Parliament voted to amend the Financial Services and Markets Bill to mandate the regulation of cryptocurrencies as financial instruments.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 93.2% | 7 | $37 974.79 | 2.65% | 3.21% | $742 620 081 767 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 76.8% | 50 | $2 055.28 | 2.12% | 3.49% | $247 134 847 899 |  |
|
| 3 |  USDT |
Tether predictions | 92.4% | 1 | $1.000205 | 0.02% | -0.01% | $88 917 133 121 |  |
|
| 4 |  BNB |
Binance Coin predictions | 82.4% | 27 | $230.20 | 1.89% | -4.06% | $34 920 472 818 |  |
|
| 5 |  XRP |
XRP predictions | 78% | 42 | $0.611671 | 2.00% | 2.53% | $32 918 272 630 |  |
|
| 6 |  SOL |
Solana predictions | 58% | 87 | $58.20 | 6.66% | 8.25% | $24 645 476 442 |  |
|
| 7 |  USDC |
USD Coin predictions | 94.4% | 1 | $0.999716 | -0.02% | -0.02% | $24 482 991 365 |  |
|
| 8 |  ADA |
Cardano predictions | 68% | 62 | $0.385539 | 3.00% | 4.21% | $13 608 842 925 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 74.4% | 48 | $0.080387 | 3.60% | 7.77% | $11 416 474 493 |  |
|
| 10 |  STETH |
Lido stETH predictions | 94.4% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 11 |  TRX |
TRON predictions | 86% | 27 | $0.103195 | 0.78% | 6.00% | $9 138 361 208 |  |
|
| 12 |  WTRX |
Wrapped TRON predictions | 80.4% | 30 | $0.103028 | 0.42% | 5.47% | $9 123 536 549 |  |
|
| 13 |  TON |
Toncoin predictions | 83.2% | 31 | $2.42 | -0.45% | 3.16% | $8 314 438 840 |  |
|
| 14 |  LINK |
Chainlink predictions | 68% | 69 | $14.57 | 3.63% | 4.11% | $8 113 407 755 |  |
|
| 15 |  AVAX |
Avalanche predictions | 58.8% | 86 | $20.64 | 2.41% | 0.41% | $7 534 681 892 |  |
